To break even, the revenue generated from selling the quiches should cover the cost of making the quiches.
The cost of making the quiches includes the fixed cost of $30 for making them and the variable cost of $0.50 per quiche for the ingredients.
Let's assume the number of quiches they need to sell to break even is x.
The total cost of making x quiches is 30 + 0.50x.
The revenue generated from selling x quiches is 2x.
To break even, the revenue should equal the cost:
2x = 30 + 0.50x
Simplifying the equation, we get:
1.5x = 30
Dividing both sides by 1.5, we find:
x = 20
Therefore, they would need to sell 20 quiches in order to break even.
The Spanish Club at Santa Fe Middle School wants to sell mini quiches to raise money for a field trip. The culinary department at their school will make the quiches for $30 plus $0.50 per quiche for the ingredients. The Spanish Club wants to sell each quiche for $2. How many quiches will they need to sell in order to break even?(1 point)
Responses
1 answer
1 answer